• Professional market analysis, enhanced by cutting edge analytical technology;
  • SpotOption Generation 2 web-based trading platform;
Broker Info
Company Name:

Ox Markets

Website: OxMarkets.com
Country: Cyprus
Year established: 2015
Broker Services: Binary Options
Assets offered: over 200
Min deposit: $250
Payout: up to 91%
Funding methods:
Major credit and debit cards and banking wire transfers are accepted for deposit and withdrawal purposes.
Platform Info
Trading platform: SpotOption gen. 2
Mobile trading: Yes
Web based: Yes

Ox Markets Review

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History and Background

How do you make a mark on an industry in your first year in business? OXMarkets.com seems to have found the magic formula, having achieved instant notoriety in the binary options market after opening its doors for business in 2015. The broker came to market with a modern set of wares and the latest technology, but it was its marketing prowess that won over many ardent followers.

The technology is cutting edge, as well, relying upon the second generation of the highly popular SpotOption platform to win the day. Option types ran the gamut from classic “High/Low”, Long Term, One-Touch, Ladder, and Turbo options to unique Pairs, where you gauge the relative strength between two assets in the same class. This latter type opened up many new and interesting combinations yielding more than 200+ of tradable instruments, whether forex, commodities, stocks, or indices. When OX Markets began, it set the highest payoff at 85%, but in order to attract more eager customers, it soon raised the bar to 91% on selected items, the highest that we have seen on record. To top it off, you did not have to venture to some exotic tax haven, far from a regulator’s oversight. OX Markets is headquartered in Limassol and complies with strict CySEC regulations and EU directives under the MiFID.  

Ample regulatory oversight ensures that customer deposits are safely segregated in Top-Tier banks and protected further by insurance programs in Cyprus. The firm also excels in the area of customer education and support materials. Each of four account classifications have access to these materials in an escalating fashion, with most groups receiving one-on-one attention and special analytical alerts provided by AFXANT, a leader in Artificial Intelligence (AI) applications. This analysis tools, along with daily commentary from experts, whose names are actually published on the website, help pinpoint where the current market trends are evolving and where the high potential trades exist. “Roll Over” and “Sell Early” features help enhance your chances for gain.
OXMarkets.com is owned and operated by Ox Capital Markets Ltd, with a trading name OX MARKETS, a Cyprus Investment Firm, Licensed and Authorised by the Cyprus Securities and Exchange Commission (CYSEC), under license number 274/15. U.S. clients are not accepted at this time.

Features

The distinguishing features listed by Ox Markets on its website are as follows:

  • Founded in 2015 by industry professionals focused on the customer experience;
  • HQ’ed in Limassol, Cyprus, with regulatory compliance through CySEC and MiFID for the rest of Europe;
  • Customer deposits segregated from operating capital and further protected by coverage from a national investor compensation program;
  • Unique promotions, competitions, welcome bonuses, and Risk-Free trades, with lower trading commitments in order to withdraw profits;
  • Option types offered include traditional “High/Low”, Pairs, Turbo, Long-Term, One-Touch, and Ladder options;
  • Payoffs can be as high as 91%, but can be much higher for special One-Touch and Ladder varieties;
  • Asset choices: Forex (12), Commodities (7), Indices (19), and Stocks (19);
  • Pair options can increase trading possibilities to over 200+ instruments;
  • SpotOption Generation 2 web-based trading platform;
  • Mobile applications for hand-held devices;
  • Education Center includes e-books, videos and numerous ongoing webinars on both the basics, as well as on developing winning strategies;
  • Professional market analysis, enhanced by cutting edge analytical technology;
  • Customer support via live chat, email and phone on “24X5” basis.

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Accounts

  • Minimum deposit = 250 units of either USD, GBP or EUR;
  • Four account categories with escalating benefits and Demo account privileges: Micro – From $250 to $2,499; Bronze -- From $2,500 up to $4,999; Silver – From $5,000 up to $9,999; and Gold – From $10,000 and up;
  • U.S. customers not accepted at this time;

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Transactions

  • Major credit and debit cards and banking wire transfers are accepted for deposit and withdrawal purposes.
  • As mandated by international regulations, KYC/AML documentation must be on file, current, and in order before any withdrawal request to be approved.
  • Bonus trading commitments must also be met before withdrawal requests can be processed.

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Platform

OX Markets relies upon the latest and greatest product set from SpotOption, its Generation 2 trading platform released in 2013. The system is easy to use, completely web-based, and loaded with the latest features for effective and productive trading. Mobile applications are now supported, as well. OX Markets has also partnered with AFXANT to provide its cutting edge, AI-driven software. Automated tools can quickly isolate volatility fluctuations in the forex market and correlate emerging trends by reviewing multiple timeframes in an instant. Finding the best market opportunities under rapidly changing market conditions has never been easier.

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Information

Support materials include ebooks, videos, and scheduled ongoing webinars, together with signals and one-on-one support at higher account levels. Detailed market commentary and analysis complete the full package to ensure that you are fully prepared on a daily basis for opportunities in the market.

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Support

Customer support representatives speak several languages, and the website can be read in several, as well. Reps can be reached “24X5” each business day via live chat, email and direct phone line.

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Safety

Customer deposits are protected by segregation techniques and by national insurance programs. The latest in 128-bit SSL encryption technology ensures your privacy is also protected from external compromise.

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Conclusion

Many traders are hesitant to take a risk on a new entrant in the binary options brokerage market, but OX Markets may be the exception to the rule. Regulatory oversight from both the CySEC agency, as well as from the MiFID directives from Europe, provide a safety net with regards to your deposits, privacy, and order execution requirements. OX Markets has then made it interesting with high payoff ratios, 91% in some cases, and promotional bonus programs that have set a new standard within the industry. The firm has also focused on customer support and education, doing their best to prepare its clients to win in this high-risk genre. After only one year, OX Markets has worked its way through an early learning curve, upgraded its website and product offerings, and ratcheted up its payoff demographics to appeal to a broad set of traders. Is it time to give this team a try? You be the judge.

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